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Financial Services
Company Size
10,001+
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Headquarters
New York City, New York
Founded
1918
TIAA provides financial services focused on retirement, insurance, and investment solutions, primarily for individuals in the academic, research, medical, cultural, and governmental sectors. Their products include retirement plans, annuities that offer steady income for retirees, life insurance, and investment management services. TIAA generates revenue through fees for managing these products and returns on client investments. Unlike many competitors, TIAA emphasizes serving professionals in education and related fields, and it operates subsidiaries like TIAA Bank for banking services and Nuveen for investment management. The company aims to make a positive impact through social responsibility initiatives, such as donating to organizations that support community development.
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TIAA, a leader in 529 plan management, brings reduced fees and enhanced digital capabilities to the college savings experienceOLYMPIA, Wash., Feb. 19, 2025 /PRNewswire/ -- The Washington Student Achievement Council (WSAC) is pleased to announce the relaunch of Washington's 529 college savings plan as WA529 Invest, a $690 million1 assets under management plan now managed by TIAA, the third largest program manager2 of 529 college savings plans. WA529 Invest is now a more accessible, affordable, and flexible way for Washington families to save for higher education.Under the new program management, WA529 Invest offers several enhancements for account owners. The annual $30 account maintenance fee has been eliminated along with most service-based fees and asset-based fees are reduced. Additionally, WA529 Invest provides more investment options, including a socially responsible and a guaranteed portfolio, while simplifying the Enrollment Year investment option.Account owners will benefit from enhanced convenience through a new, modern technology platform that makes managing accounts easier than ever. With the READYSAVE™ 529 app, users can access their accounts anytime, anywhere
From first-generation college student to the first Latina in the nation to run a four-year public higher education system, Chancellor García is recognized for improving academic outcomes for students across the CSU systemNEW YORK, Feb. 12, 2025 /PRNewswire/ -- California State University Chancellor Mildred García, a first-generation college student turned trailblazer instrumental in helping students across the CSU system achieve academic success by spearheading policies and programs to help improve graduation rates and make college more affordable, is the recipient of the 2025 TIAA Institute Hesburgh Award for Leadership Excellence in Higher Education.The award is sponsored by TIAA Institute, the research division of TIAA, a leading provider of secured retirements for the not-for-profit market and administered by the American Council on Education (ACE).Named after the former president of the University of Notre Dame and longtime TIAA board member, Rev. Theodore M. Hesburgh, C.S.C., the award is presented each year to a current college or university president or chancellor for outstanding leadership of their institution and broad impact on higher education and society."The California State University's 23 institutions are rated among the best in the nation on affordability and for promoting social mobility—and Chancellor García has played an enormous role in making that happen," said Surya Kolluri, Head of TIAA Institute. "The first in her family to earn a college degree, she has inspired countless students through her trailblazing career and visionary leadership."García became the university's 11th chancellor in 2023, making her the first Latina in the nation to run a four-year public higher education system, but her dedication to student achievement began long before becoming chancellor.For nearly two decades, Chancellor García has championed for students across CSU by building partnerships to improve academic outcomes.Chancellor García is accredited with improving graduation rates and nearly tripling new philanthropic gift commitments during her time as president of CSU Fullerton. She also served as the first Latina president at CSU Dominquez Hills where she increased retention rates for first year and transfer students, eliminated a structural deficit of $2.8 million and exceeded enrollment targets
Moderne, the automated code refactoring and analysis company, announced it has closed $30 million in Series B funding led by Acrew Capital with participation from Morgan Stanley, Amex Ventures, and TIAA Ventures
Mention a Packard or Studebaker to classic car buffs and eyes glisten. These sleek wheels were once the epitome of luxury. In 1954, the two companies merged, but the new company lost its traction and US production came to a screeching halt in 1963. When the company went kaput, thousands of the company’s workers discovered that their traditional defined benefit pensions guaranteeing an income stream for life were terminated too. The outrage caught the attention of lawmakers, and although it took more than a decade, federal legislation to protect workers’ retirement savings was signed into law in 1974: the Employee Retirement Income Security Act, or ERISA. That law is the spine of much of today’s retirement benefit landscape for American workers, but it's having a midlife crisis
OneVest, a Calgary and Toronto-based FinTech startup, has raised $29 million CAD ($20 million USD) in a Series B round led by Salesforce Ventures to expand in the US. The funding will support product development and hiring 100 employees over the next year. OneVest aims to be a leader in wealth management tech, offering modular software for financial institutions. The company plans strategic partnerships and AI tool launches to enhance its platform. Total funding now stands at $53 million CAD.
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Industries
Social Impact
Financial Services
Company Size
10,001+
Company Stage
N/A
Total Funding
N/A
Headquarters
New York City, New York
Founded
1918
Find jobs on Simplify and start your career today